idaho payday loans

eCreditDailyonline provides Idaho residents with quick, no-hassle online payday loans. Whether you have good or bad credit, you can still qualify for payday loans in Idaho to help you manage your financial emergencies.

Since we are a direct lender, you should expect a quick turnaround time when applying for the loan.

We will approve the loan within a few minutes of applying, and you will get the money in your bank account in less than 24 hours.

Apply for one of our online loans right now!

What Exactly Is a Payday Loan?

In Idaho, a payday loan is a short-term, unsecured loan typically repaid on your next payday. These loans are also known as cash advances or check loans.

Payday loans can be an expensive form of borrowing money, and borrowers should only take them out if they must.

Make sure that you can repay the full loan amount on your next payday before taking it out.

What Is the Maximum Amount I Can Borrow?

The maximum amount you can borrow with a payday loan in Idaho is $1000. The loan term is typically two weeks but can be up to one month.

The minimum loan amount is.

However, these amounts may vary from one lender to another, depending on your repayment ability. Contact your lender to find out how much they will lend you.

What Are the Fees and Interest Rates?

The fees for a payday loan in Idaho vary from lender to lender but are typical $15-$30 per $100 borrowed. This means that on a $300 loan, you could end up paying $45-$90 in fees.

The interest rate is also variable and is typically 400% APR or higher.

Is There Anything You Should Know About Idaho Payday Loans?

Before taking one out in Idaho, borrowers need to know a few things about payday loans.

You should repay them on your next payday:

Payday loans are short-term loans that you must repay on your next payday. This means you need to make sure you have the money available to repay the loan on time. Otherwise, you may be charged additional fees or interest.

The interest rates on payday loans can be high:

Interest rates on payday loans are typically higher than those on other loans, such as personal loans. This is because payday loans are considered a high-risk form of borrowing.

You may be able to get a lower interest rate if you have good credit:

If you have good credit, you may be able to qualify for a lower interest rate on your payday loan. This is because lenders see you as a lower-risk borrower.

You may be able to get a more extended repayment period if you have good credit:

If you have good credit, you may also be able to qualify for a more extended repayment period on your payday loan. This means you would have more time to repay the loan, which could help you avoid defaulting on it.

What Do I Need to Apply for an Idaho Payday Loan?

To apply for a payday loan in Idaho, you will need to provide the following information:

  • Bank account: You will need to provide your bank account information so the lender can deposit the loan amount into it.
  • Social security number: Borrowers should submit their social security numbers so the lender can run a credit check on them.
  • Employment information: Lenders will require your employment information to verify your income.
  • Driver’s license: You will need to provide your driver’s license so the lender can verify your identity.
  • Email address: The lender will use this email address for communication.
  • Phone number: You will need to provide your phone number so the lender can contact you for an update on the loan status.

How Can I Avoid These Dangers?

There are a few things you can do to avoid the dangers of payday loans in Idaho:

Shop around for the best interest rates:

When looking for a payday loan, shop around for the best interest rates. There are many lenders out there, and each one offers different rates. It will help if you compare rates from multiple lenders before choosing one.

Choose a lender with flexible repayment options:

When looking for a payday loan, choose a lender that offers flexible repayment options. This way, if you can’t repay the loan on time, you will have some flexibility in how you can repay it.

Read the fine print:

Make sure to read the fine print before taking out a payday loan. This way, you will know what you agree to and the loan terms.

Can a Payday Loan Affect My Credit Score?

Payday loans in Idaho generally are not reported to the three major national credit reporting agencies — Equifax, Experian, and TransUnion.

However, some lenders may report payday loan information to specialty credit reporting agencies, impacting your credit score.

To avoid this, ensure that you repay your loans early enough. This will also help you to avoid late payment penalties that a lender may impose on you.

How Fast Can I Get a Payday Loan in Idaho?

In most cases, you can get a payday loan in Idaho within 24 hours. All you need to do is provide the required information and meet the lender’s requirements.

Once approved for the loan, the lender will deposit the money into your bank account within 24 hours.

What Happens if I Can’t Repay My Payday Loan?

If you can’t repay your payday loan in Idaho, the lender may report the delinquency to the credit bureaus. This will damage your credit score and make it harder for you to get a loan in the future.

The lender may also pursue legal action against you to recover the money you owe.

How Many Payday Loans Are Allowed in Idaho?

In Idaho, you can have up to two outstanding payday loans at any given time.

However, if you have one payday loan and you default on it, you will not be able to take out another one until the first loan is repaid in full.

We also do installment loans.

You will have a better experience with a eCreditDailyonline online installment loan than you would with a payday advance loan.

You can choose the number of installments required to repay the loan.

Idaho residents can pay in 12 monthly installments, 26 biweekly installments, 24 semi-monthly installments, or 52 weekly installments. When deciding on payment arrangements, be sure they truly reflect your financial ability to pay.


Payday loans can be a helpful way to get financial assistance in a short amount of time. However, there are a few dangers associated with them.

Shop around for the best interest rates, choose a lender with flexible repayment options, and read the fine print before taking out a loan.

Payday loans can affect your credit score if you default on them.

Finally, remember that you are only allowed to have two outstanding payday loans in Idaho at any given time.


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